Shareholders Drag Jay Jay Okocha to Court Over Illegality in Sports Company

Posted by Samuel on Sat 31st Oct, 2015 - tori.ng

Legendary Nigerian footballer, Austin 'Jay Jay' Okocha is currently enmeshed in a legal case with shareholders of his sport company, Jay-Jay Okocha Group West Africa Limited.

Jay Jay Okocha
 
The shareholders, who are said to be unhappy with the way Okocha runs the limited liability company, have mounted a fresh legal effort to enforce the judgment of a Federal High Court in Lagos issued two years ago against former international football star.
 
According to SaharaReporters, the ex-captain and midfielder of the Super Eagles is  not left alone as the defendant in the legal battle with the shareholders but alongside his wife, Nkechi Okocha.

Major shareholders that include, Friday Nwankwo-Kuja, Ijeoma Kuja, James Nwankwo Kuja, Chinedu Nwankwo-Kuja, Daniel Chukwudi and Mary Chioma Nwankwo-Kuja are accusing Okocha and his wife, who are chairman and managing director of the company respectively, of conducting the affairs of the company in an illegal and oppressive manner.

The lawsuit also accused the Okochas of fraudulently forging a resolution of the board in order to change the directors of the company and to unlawfully, forcibly take took over the affairs of the company.

There has been no word from the Okochas on the allegations and legal battle.  
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